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The total population of Honey Grove is estimated to be 1,950 with 1,004 males (51.49%) and 946 females (48.51%). There are 58 less females than males in Honey Grove.
The median household income in Honey Grove was $48,116 in 2021, which marked an an increase of 3,790(8.55%) from $44,326 in 2020. This income is 64.49% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Honey Grove sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,735. Overall, the median household income for the city of Honey Grove stands at $48,116.
In Honey Grove, the median income for all workers aged 15 years and older, regardless of work hours, was $32,084 for males and $23,948 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,467 for males and $45,704 for females.
In Honey Grove, there are just two different racial groups among households. Among these, White households report a median household income of $53,063, while Black or African American households have a median household income of $25,672.
In 2022, the population of Honey Grove was 1,760, a 0.23% increase year-by-year from 2021. Previously, in 2021, Honey Grove's population was 1,756, an increase of 2.39% compared to a population of 1,715 in 2020.
The median age in Honey Grove, TX is 37.4, as per 2021 ACS 5-Year Estimates. Of the total population, 27.54% were under the age of 15, 11.37% aged 15 to 29, 45.39% aged 30 to 64, 14.05% aged 65 to 84, and 1.64% were 85 years of age and older.
Racial distribution of Honey Grove population: 79.37% are White, 14.57% are Black or African American, 0.28% are American Indian and Alaska Native, 1.36% are some other race and 4.42% are multiracial.